Cytokinetics Stock Price on June 30, 2021
| CYTK Stock | USD 66.82 1.25 1.91% |
Below is the normalized historical share price chart for Cytokinetics extending back to April 29, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cytokinetics stands at 66.82, as last reported on the 24th of April, with the highest price reaching 68.76 and the lowest price hitting 65.53 during the day.
If you're considering investing in Cytokinetics Stock, it is important to understand the factors that can impact its price. Cytokinetics secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. Cytokinetics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cytokinetics' Standard Deviation of 2.78, risk adjusted performance of (0.06), and Mean Deviation of 2.1 to double-check the risk estimate we provide.
At this time, Cytokinetics' Stock Based Compensation To Revenue is quite stable compared to the past year. . At this time, Cytokinetics' Price To Sales Ratio is quite stable compared to the past year. Price Sales Ratio is expected to rise to 1,124 this year, although the value of Price Earnings Ratio is projected to rise to (14.55). Cytokinetics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 29th of April 2004 | 200 Day MA 50.7938 | 50 Day MA 70.7942 | Beta 0.678 |
Cytokinetics |
Sharpe Ratio = -0.1092
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CYTK |
Estimated Market Risk
| 2.78 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cytokinetics is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cytokinetics by adding Cytokinetics to a well-diversified portfolio.
Price Book 31.8985 | Enterprise Value Ebitda (16.70) | Price Sales 993.8192 | Shares Float 102.3 M | Wall Street Target Price 95.06 |
Cytokinetics Valuation on June 30, 2021
It is possible to determine the worth of Cytokinetics on a given historical date. On June 30, 2021 Cytokinetics was worth 41.26 at the beginning of the trading date compared to the closed value of 41.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cytokinetics stock. Still, in general, we apply an absolute valuation method to find Cytokinetics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cytokinetics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cytokinetics' related companies.
| Open | High | Low | Close | Volume | |
04/11/2022 | 41.26 | 42.54 | 40.56 | 41.07 | 1,135,800 |
| 41.69 | 42.78 | 40.47 | 40.78 | 453,300 |
| Backtest Cytokinetics | | | Cytokinetics History | | | Cytokinetics Valuation | Next |
Cytokinetics Trading Date Momentum on June 30, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Cytokinetics Fundamentals Correlations and Trends
By evaluating Cytokinetics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cytokinetics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cytokinetics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cytokinetics Stock history
Cytokinetics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cytokinetics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cytokinetics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cytokinetics stock prices may prove useful in developing a viable investing in Cytokinetics
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 96.5 M | 101.4 M | |
| Net Loss | -350.1 M | -332.6 M |
Cytokinetics Quarterly Net Working Capital |
|
Cytokinetics Stock Technical Analysis
Cytokinetics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Cytokinetics Period Price Range
Low | April 11, 2022
| High |
41.26 | 41.07 |
Cytokinetics April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Cytokinetics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cytokinetics shares will generate the highest return on investment. By undertsting and applying Cytokinetics stock market strength indicators, traders can identify Cytokinetics entry and exit signals to maximize returns
| Accumulation Distribution | 52865.16 | |||
| Daily Balance Of Power | (0.1) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 41.55 | |||
| Day Typical Price | 41.39 | |||
| Price Action Indicator | (0.57) | |||
| Period Momentum Indicator | 25.75 |
Cytokinetics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cytokinetics' price direction in advance. Along with the technical and fundamental analysis of Cytokinetics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cytokinetics to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (0.25) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cytokinetics. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Cytokinetics Stock please use our How to buy in Cytokinetics Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Cytokinetics Stock analysis
When running Cytokinetics' price analysis, check to measure Cytokinetics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cytokinetics is operating at the current time. Most of Cytokinetics' value examination focuses on studying past and present price action to predict the probability of Cytokinetics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cytokinetics' price. Additionally, you may evaluate how the addition of Cytokinetics to your portfolios can decrease your overall portfolio volatility.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |
Is Cytokinetics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cytokinetics. If investors know Cytokinetics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cytokinetics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.45) | Revenue Per Share 0.078 | Quarterly Revenue Growth (0.15) | Return On Assets (0.34) | Return On Equity (5.72) |
The market value of Cytokinetics is measured differently than its book value, which is the value of Cytokinetics that is recorded on the company's balance sheet. Investors also form their own opinion of Cytokinetics' value that differs from its market value or its book value, called intrinsic value, which is Cytokinetics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cytokinetics' market value can be influenced by many factors that don't directly affect Cytokinetics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cytokinetics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cytokinetics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cytokinetics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.